Foreign Exchange (FX) Senior Trading Risk & Control Analyst

Brown Brothers Harriman

  • New York City, NY
  • $75,000-90,000 per year
  • Permanent
  • Full-time
  • 1 month ago
At BBH, Partnership is more than a form of ownership—it’s our approach to business and relationships. We know that supporting your professional and personal goals is the best way to help our clients and advance our business. We take that responsibility seriously. With a 200-year legacy and a shared passion for what’s next, this is the right place to build a fulfilling career.At Brown Brothers Harriman we value passionate, committed people who enjoy collaborating with others to find new solutions to complex business challenges. We are looking for the type of person who speaks their mind, truly listens and steps outside their role to add value wherever they can. Someone who is driven to get things done and views obstacles as an exciting challenge that demands a creative solution. Above all, we seek someone who takes great pride in their work and is inspired and motivated by their role in protecting and enhancing our client’s financial well-being.The FX Senior Trading Risk and Control Analyst will assist in developing and monitoring risk management standards for the FX Trading product. The position sits within BBH’s Enterprise Risk Management division and is co-located with BBH’s FX trading teams and associated support functions. The position entails managing market, credit, operational, and regulatory risk associated with BBH’s FX business, and the ongoing development of metrics and analyses in support of this. The role additionally details analysis and monitoring of regulatory capital consumption, and production of metrics to support balance sheet optimization activities.Some of your key responsibilities include:Risk Management
  • Monitor market volatility through quantitative techniques to ensure principal exposure is within firm’s risk appetite.
  • Maintain and assist in ongoing development of metrices and analysis of P&L attribution, regulatory capital consumption and return on capital / RWA.
  • Assist in establishing processes, documentation, and controls to manage risks associated with FX product offering, including those required for new product offerings.
  • Liaise with FX Trading Desk personnel on risk related items, and with BBH’s Credit and Treasury functions on settlement & credit related items.
  • Prepare ad hoc risk analysis as required by senior business or risk personnel or as required for proposed products or services.
  • Act as liaison with internal control functions including Audit, Compliance and Model Validation team and assist in the resolution of any audit or control issues related to FX products.
Qualifications:Education
  • Bachelor's degree required; preference for financial degree with a dual in a data discipline like data analytics, data science, statistics, or math
  • 3+ years of relevant work experience with foreign exchange or prime brokerage experience preferred
  • Masters degree or CFA (or progress thereto) an advantage
Knowledge and skills (general and technical)
  • Understanding of VaR, default and settlement risk, stress scenario modeling, and mark to market calculations
  • Comfortable working with large data sets that require joining tables from disparate databases
  • Experience with coding/building prototype risk models and reporting using Python, R, SQL, KDB, and BI tools (e.g. Qlik, Spotfire, Sisense)
  • Expert level understanding of Microsoft office including Excel VBA.
  • Must be comfortable working in fast paced environment with ability to make and communicate effective risk management decisions
  • Ability to articulate risk management policies and methodologies.
  • Strong interpersonal, relationship and negotiation skills.
  • Excellent problem solving and analytical skills.
  • Strong written and verbal communication skills, including presentations.
This role is based in our New York City location and is a hybrid role, with a minimum of three days per week in office.Salary Range$75k-$90k base salary + annual bonus targetBBH’s compensation program includes base salary, discretionary bonuses, and profit-sharing. The anticipated base salary range(s) shown above are only for the indicated location(s) and may differ in other locations due to cost of living and labor considerations. Base salaries may vary based on factors such as skill, experience and qualification for the role. BBH's total rewards package recognizes your contributions with more than just a paycheck—providing you with benefits that enhance your experience at BBH from long-term savings, healthcare, and income protection to professional development opportunities and time off, our programs support your overall well-being.We value diverse experiences. We value diverse experiences and transferrable skillsets. If your career hasn’t followed a traditional path, includes alternative experiences, or doesn’t meet every qualification or skill listed in the job description, please do go ahead and apply.About BBH:Brown Brothers Harriman (BBH) is a premier global financial services firm, known for premium service, specialist expertise, technology solutions and partnership approach to client management. Across Investor Services and Capital Partners, we work with an enviable roster of sophisticated clients who make BBH their first call when they are tackling their hardest challenges. Delivering for our clients and each other energizes us.We believe that how we do our work is just as important as what we do. We are relentless problem solvers who know our best ideas come from collective debate and development—so we are never possessive about our ideas. Every day we come together as a diverse community of smart and caring people to deliver exceptional service and expert advice—creating success that lasts. No matter where you sit in the organization, everyone is empowered to contribute their ideas. BBHers can pick up the phone and call any colleague, and they are happy to help. Expanding your impact beyond your daily role is part of how we operate as trusted partners to one another.We believe stability is a competitive advantage, but being stable means having the knowledge, skill, and discipline to evolve, often—pushing the boundaries of innovation. As a private partnership, every investment we make is in the relationships, technologies, products and development we believe are in the long-term interests of our clients and our people. Our long-tenured leaders are experts in their areas and are actively involved in the day-to day business, taking the time to provide guidance and mentoring to build the next generation of BBHers. Because we know, our success begins with yours.Go to BBH.com to learn more about our , , approach to or how we support you to . We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender, national origin, age, genetic information, creed, marital status, sexual orientation, gender identity, disability status, protected veteran status, or any other protected status under federal, state or local law.

Brown Brothers Harriman